Month: June 2015

Our industry continues to be blighted by false claims and confusing statements. In recent weeks we’ve been amused and bemused at the claims some energy brokers have made about how much money can be saved by switching energy contracts. “Save 20% instantly!”“We can save you £2,500 a year!” These...

Despite rising carbon, coal and oil prices, power contracts were down across the board in May. The annual October 15 contract averaged £44.6/MWh, a 1.1% reduction from the average April price. The system was comfortably supplied and demand has fallen as summer approaches. The day-ahead contract averaged £41.1/MWh...

The Conservatives have been detailing their policy proposals for the energy sector, after securing an overall majority at the General Election on 7 May. Prime Minister David Cameron has appointed new energy ministers and promised legislation that will bolster the UK’s energy security. The Conservatives’ election manifesto had said:...

The cost of gas and electricity noticeably reduced in recent weeks in comparison to the market highs seen at the end of March. This market reduction benefited many of our clients, allowing us to secure new energy contracts at more favourable rates. Many clients will realise significant savings over...

Paul Downie has recently joined the team here at IEC, taking up the role of Sales Executive. Paul has some 20 years’ experience in customer service and sales roles with companies such as Batleys Foodservice and Northern Foods. Paul is based at our offices in Pulford, near Chester, and...